Define and give an example of a government corporation and some services it provides
What will be an ideal response?
An ideal response will:
1, Define a government corporation as a corporation created and funded by the government to provide some public service.
2, Provide one or more examples, such as the Amtrak and the Tennessee Valley Authority.
3, Explain the main factor that leads the government to create these corporations rather than rely solely on the private sector: that they typically provide services that would be insufficiently provided by private companies.
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Which of the following is NOT identified by Frankel as a major driver of economic globalization?
a. cheaper transportation b. reduced communication costs c. reduced policy barriers to trade d. the spread of free-market ideology e. reduced policy barriers to investment
The General Agreement on Tariffs and Trade (GATT) was the precursor to the
a. World Trade Organization (WTO). b. European Union (EU). c. North Atlantic Treaty Organization (NATO). d. International Monetary Fund (IMF).
In recent decades, there has been:
a. a decline in the number of initiatives on the ballot. b. an increase in the percentage of initiatives on the ballot that pass. c. an increase in the number of referendums on the ballot. d. an increase in the percentage of referendums on the ballot that pass.
Which is a perceived negative consequence of term limits?
a. increased dependence on lobbyists by members of the legislature b. increase in the number of open seats c. increase in power of the legislature over the executive branch d. decrease in campaign spending